New partnership will promote carbon capture technology to help meet climate challenge

· Technology Centre Mongstad (TCM) and DNV GL have signed a memorandum of understanding (MOU) to support carbon capture technologies

· New global advisory partnership will offer advisory and verification services at TCM`s facilities on the west cost of Norway and other worldwide carbon capture projects

· Carbon capture and storage (CCS) is the only available technology for mitigating climate change in certain industries such as cement production and the use of oil and gas

Høvik/Mongstad, Norway, 23 October 2018 – The world’s largest testing facility for carbon capture, TCM, has signed a collaborative agreement with DNV GL to deliver advisory and verification services for CO2 capture technology.Technology companies carry out advance testing of their carbon capture technologies at TCM and the integration of technology verification will expedite the process of getting new solutions to the market.TCM and DNV GL will offer services to both companies using TCM’s facility and external actors in the carbon capture technology sphere.

“It is vital for us to ensure that carbon capture technology is sufficiently advanced to be used at our facility. Verification and advisory services are a natural progression of the quality assurance measures which we have in place for our collaboration partners that are using TCM’s facility,” said CEO of TCM, Ernst Axelsen.

“We have been working with both CCS and verification of new technologies for the energy sector for a long time. Combining these two capabilities together with TCM is a natural extension of our expertise, says Liv Hovem, CEO DNV GL – Oil & Gas. “DNV GL and TCM will together ensure that the technologies tested and verified at the TCM facilities will be ready for full-scale deployment. While we will ensure the technical feasibility of these technologies, the industry and policy makers together need to make CCS work commercially for it to make a global impact”

DNV GL’s Energy Transition Outlook forecasts that the planet is set to warm beyond the goals set in the Paris Agreement, even though the global energy supply is rapidly decarbonizing. CCS, along with energy efficiency and more renewables, must all be stepped up to prevent the planet from warming to unsustainable levels.

CCS is the process of capturing and storing greenhouse gases from industrial processes, and TCM currently has a focus on the capture stage.